South Australian Consolidated Acts South Australian Consolidated Acts35A—Grant of freehold of township allotments to certain bodies corporate
(1) Notwithstanding
any other provision of this Division, the Governor may, on payment of such sum
as is fixed by the Land Board, grant the fee simple of any town allotment or
allotments to any of the following bodies corporate, namely, the War Service
Homes Commissioner, the Savings Bank of South Australia, the State Bank of
South Australia, or the South Australian Housing Trust.
(2) The fee simple of
any town allotment shall be granted as aforesaid only upon the recommendation
of the Minister and a recommendation shall not be made by the Minister unless
the Minister is satisfied that the body corporate aforesaid to which the town
allotment is to be granted will, within a reasonable time after the grant
thereof, erect or cause to be erected a dwelling-house upon the allotment.